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New York Gaming Commission Considers Integrity Fee For Leagues

A top New York state gaming official said that "paying fees to professional sports leagues is under consideration by state regulators who are drafting rules that govern betting," according to James Odato of REUTERS. New York State Gaming Commission member Peter Moschetti at the annual gaming industry conference in Saratoga Springs said that "'all' components of a state senate bill introduced this year are under consideration." This includes the so-called “integrity fee” which sports leagues are asking for to "help police against cheating." If New York adopts that kind of fee structure, it would "go against current practice by other states which do not pay the fee." New York Senate Gaming Committee Chair John Bonacic said that he "hoped his sports gambling bill introduced in March would set the blueprint for state regulators to use in New York and elsewhere." His plan calls for an 8.5% "state tax on the revenues from betting on games" and a 0.2% fee "paid by casino operators to major sports leagues." Bonacic said that he thinks the New York market is good for $500M in "legal sports bets at casinos each year -- about twice Nevada’s sports book revenues" (REUTERS, 8/7).

LAYING THE GROUND WORK: In Albany, David Lombardo notes the New York Gaming Commission is "working on regulations that would make sports gambling available" at the state's four "privately run full-scale casinos, including Rivers Casino & Resort." But beyond the casinos, sports gambling "probably won't initially be allowed at other wagering-industry operations, such as the New York Racing Association tracks or the Saratoga Casino Hotel." Bonacic said that it is also "unlikely to be available on mobile platforms." There is a "broad agreement that the commission can authorize tax rates and license the four full-scale casinos to provide sports gambling." The consensus of the gambling community in New York is that the commission is "waiting for a green light" from Gov. Andrew Cuomo to "release the regulations" (Albany TIMES UNION, 8/8).

WINGS, BEER, SPORTS BETTING: GAMING TODAY's Micah Roberts noted Buffalo Wild Wings is "looking to expand" into sports betting. But they "don’t want to share their cash like some of the other operations do." They want their "own booking operation to go along with their 1,700 bars across the nation." In Las Vegas, BWW is a "cool place but gets overshadowed by the dozens of sportsbooks all across town." But in places like Westerville, Ohio, it is the "premier place to watch games, and it’s the same in most other suburban cities as well." They have "reached out to some people with Las Vegas booking experience to get the operation started" (GAMINGTODAY.com, 8/7).

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